BUZZ-U.S. STOCKS ON THE MOVE-Best Buy, Acorda Therapeutics, Boeing

Tue Aug 25, 2015 7:55am EDT
 
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(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock index e-mini futures were up on Tuesday: Dow Jones industrial average futures were up 3.84 percent at 16,312, S&P 500 futures were up 3.95 percent at 1,945.25 and Nasdaq 100 futures were up 4.44 percent at 4,181.

** BEST BUY CO INC, Monday close $29.27, +13.26 pct premarket

The owner of the biggest U.S. electronics chain reported an unexpected increase in quarterly sales, helped by demand for appliances, TVs and mobile phones.

** ACORDA THERAPEUTICS INC, Monday close $28.96, +27.76 pct premarket

The drug developer said the U.S. patent office rejected an attempt by hedge fund manager Kyle Bass to challenge two patents on its flagship multiple sclerosis drug, Ampyra.

** NORTHROP GRUMMAN CORP, Monday close $160.02, +1.24 pct premarket

** LOCKHEED MARTIN CORP, Monday close $197.46, +4.32 pct premarket   Continued...